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vodomira [7]
3 years ago
15

Daniel, his parents, and three brothers own all the stock of their family farm corporation and each person takes an active role

in managing the enterprise. This corporation, which is taxed as a corporation, is most likely a. a professional corporation. b. a close corporation. c. an S corporation. d. a proprietorship.
Business
1 answer:
Nutka1998 [239]3 years ago
4 0

Answer:

b. a close corporation

Explanation:

A closed corporation has the following characteristics:

1. It is owned by a few people

2. It is taxed as a corporation

3. The shareholders run the business.

A s corporation has the following characteristics:

1. It has a maximum of 100 shareholders

2. It is taxed as a partnership

A sole proprietorship has the following characteristics:

I. It is owned by one person

2. The owner has unlimited liabilities.

I hope my answer helps you.

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If the reserve requirement is 25%, a new deposit of $1,000 leads to a potential increase in the money supply of
Nezavi [6.7K]

Based on the information given regarding the reserve requirements, there'll be an increase in the money supply by $4000.

A reserve requirement simply means a regulation by the Central Bank where commercial banks set a minimum amount that must be held in liquid assets.

Since the reserve requirement is 25%, a new deposit of $1,000 leads to a potential will lead to an increase in the money supply of $4000. This was calculated thus:

= $1000 / 25%

= $1000 / 0.25

= $4000

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5 0
2 years ago
The following information is for S&P Enterprises for the month of September: Direct materials $82,000 Direct labor $51,000 V
prisoha [69]

Answer and Explanation:

The computation of the total period cost is shown below:

Variable selling expense $16,000

Fixed selling expense    $15,000

Variable administrative expense $6,000

Fixed administrative expense  $18,000

Total period Cost            $51,000

ANd, the total fixed cost is

Fixed Manufacturing overheads $30,000  

Fixed selling expenses         $15,000  

fixed admin expenses          $18,000

Total fixed cost                     $63,000

We simply added all the above items

7 0
3 years ago
Planning: Assessing Audience Needs [LO-2] For each communication task that follows, write brief answers to three questions: Who
Mice21 [21]

Answer:

a. Audience’s: Appliance producer  

Audience’s general mentality towards subject: The apparatus maker must treat this on need, as lawful results are related with it  

Audience’s has to know: The objective that has occurred in the installment procedure and the purpose for the postponement  

b. Audience’s: Smartphone shoppers and devotees  

Audience’s general mentality towards subject: The customers will pay attention to the promotion on the off chance that they have a prerequisite for a cell phone. The general fans will be worried about the one of a kind highlights of the contribution  

Audience’s has to know: The highlights offered and the cost at which the item will be accessible  

c. Audience’s: Top administration  

Audience’s general disposition towards subject: The top administration must be interested to comprehend the target behind the proposition of combining 4 deals locales into 2  

Audience’s has to know: The target of the proposition and the advantages that the organization may procure from it  

d. Audience’s: Citizens in the area  

Audience’s general demeanor towards subject: The individuals needing such administrations will be energized with the decreased rates. The individuals not having any such prerequisite, won't give it much thought  

Audience’s has to know: The rate in decrease of cost just as the rundown of administrations offered in that cost  

e. Audience’s: Hiring supervisor of organization  

Audience’s general mentality towards subject: The enlisting supervisor will show intrigue on the off chance that he has an opportunity for comparable profile  

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8 0
3 years ago
The marketing department wants to buy two new computers. One computer will be used for their graphic artist to create graphics a
BartSMP [9]

Answer:

Explanation:

While buying a computer , the potential purpose and usage of the computer should as well as the component of the computer to buy should be considered in order to make a right selection .

As graphics designing software is processor intensive , a processor with a very high speed of at least 1 Ghz and an adequate RAM to aid faster process at once , minimum of 8Gb is required.

However , considering the function of a secretary which is to track billing and hours , a computer with a slower process will definitely perform the task

8 0
3 years ago
A tile manufacturer has supplied the following data: Boxes of tiles produced and sold 520,000 Sales revenue $ 2,132,000 Variable
Greeley [361]

Answer:

vdf

Explanation:

vnfdhhddhehejejrjrjrjrjrjrrururrirjriririrkrkrkr

3 0
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